LONDON: The closure of Tata Steel’s operations in Britain would leave a hole in manufacturers’ supply chains, dealing a blow to thousands of smaller firms across the country and creating a logistical headache for the car industry.
India’s Tata Steel, Britain’s biggest producer, put all of its operations up for sale, including the country’s largest steelworks at Port Talbot which is losing US$1.4mil a day due to depressed steel prices and high costs.
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